Martin Currie Global Portfolio underperformed its benchmark over the year to the end of January 2014 as the net asset value total return was 8.1% and the FTSE World Index return was 10.5%. The discount narrowed however so the share price total return was 9.8%. Dividends, now paid quarterly, totalled 4p for the year, 2.6% up on the previous year. Some Asian and emerging market stocks held back performance, as did exposure to BG Group and Philip Morris
